Question
What is the difference between a merger and an acquisition? A merger is a contract whereby a new company is created and to effectuate such
What is the difference between a merger and an acquisition?
A merger is a contract whereby a new company is created and to effectuate such contract one needs no unanimity among selling shareholders; in contrast, an acquisition is a sales contract whereby one requires unanimity among selling shareholders.
An Acquisition is a contract whereby a new company is created and to effectuate such contract one needs no unanimity among selling shareholders; in contrast, a merger is a sales contract whereby one requires unanimity among selling shareholders.
Mergers and Acquisitions are the same conceptual legal format for two firms to merge
Mergers refer to the purchase of a larger firm while an acquisition refers to the purchase of a smaller firm
None of the above answers is correct
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Securities Trader Qualification Examination Series 57 Study Guide
Authors: Philip Martin Mccaulay
1st Edition
979-8363665240
